Bought some new video cables to capture video with today. The difference is pretty striking!

Composite (RCA):


S-Video:


I'd say that now, more than ever, the $15 I spent on my Easycap was well worth it. Of course, to record in that resolution I have to deal with a little bit of ghosting, but for the level of clarity I get, I'd say it's a decent trade-off. Recorded some video of the recently-released Sonic Unleashed DLC with it: